Insurance Loss Assessors – What To Do After A Fire At Your Business?

It is the worst fear of every business man or woman on the planet, whether you are a small business or a large corporation – how do you survive following a massive disaster like fire? Unlike other disasters that can occur at you business premises, fire can be absolutely devastating, ruthlessly ripping through your stock, your records and the very fabric of the building itself.

Many business work of the assumption that if they have the necessary insurance in place that they will be compensated adequately for their losses - but unfortunately this is not always the case. The loss adjusters that the insurance company will appoint to the case will (in the end) be working for the insurance company ensuring that they pay out the least amount of money with regards to the claim. Whilst this is done in the confines of the law - and the loss adjuster’s job is to adjust the claim in accordance with your losses – you will find that more often than not those businesses come out with less money than they hoped for. Indeed many businesses that have suffered a major disaster at their premises often flounder and fold within the first 18 months.

So how do you and your business avoid suffering the same fate? Is there a secret weapon that you can use to ensure that you get a fair deal form the insurance company?

There is, and it comes in the form of insurance loss assessors. Insurance loss assessors have a similar job to that of the loss adjuster that your insurance company will appoint to your case. For this reason it is a common misconception that loss adjuster and loss assessor are one and the same – which is understandable. But there is one major difference – the insurance loss will be employed by, and working for you. This means that they will have your interests at heart rather than that of the insurance company.

Without a loss assessor you will be expected to deal with the insurance claim in house – if you are a small business the likelihood of you having someone with the knowledge and expertise to deal with an insurance claim efficiently and quickly is unlikely. To see real results the insurance loss assessors expertise and industry knowledge can be invaluable – both in the short term and in the long term for the continued success of your business.

When the smoke has cleared you need to make sure that you are thinking clearly – and if you want your business to have continued success you could do a lot worse than tracking down you local insurance loss assessor and discovering if they can help you rise from the ashes like the phoenix.

This is a guest post from Wayne Barker who is the copywriter for Harris Balcombe, the foremost claims recovery company in the UK. They offer advice and services that include business interruption insurance claims and are expert in fire insurance claims and flood insurance claims.